Stocks of Turning Point Brands Inc (TPB) are poised to climb above their peers

With 0.58 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.21 million shares. The 52-week range on TPB shows that it touched its highest point at $81.05 and its lowest point at $30.61 during that stretch. It currently has a 1-year price target of $90.50. With its current market cap of 1.35 billion, TPB has annualized dividend of $0.28 while the current yield stands at 0.38%. Beta for the stock currently stands at 0.71.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TPB was up-trending over the past week, with a rise of 21.84%, but this was up by 37.07% over a month. Three-month performance surged to 12.66% while six-month performance rose 58.65%. The stock gained 126.26% in the past year, while it has gained 25.89% so far this year. A look at the trailing 12-month EPS for TPB yields 2.28 with Next year EPS estimates of 3.56. For the next quarter, that number is 0.73. This implies an EPS growth rate of 44.39% for this year and 15.13% for next year.

Float and Shares Shorts:

At present, 17.90 million TPB shares are outstanding with a float of 16.39 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TPB since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.63517 being high and $2.56477 being low. For TPB, this leads to a yearly average estimate of $2.605.